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rrs chief reports encouraging production test, page-13

  1. 13,486 Posts.
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    Dmasive it reads to me that RRS needs cash and are focusing on Trinidad the quickest way would likely be by selling their stake in CTR ,

    CTR has a producing well in a stacked play with quality oil ,another almost certainly on the way and a field that looks larger than originally expected so it should attract a buyer at a good price for RRS,s stake.

    Hope they succeed if that is their plan as it would place a value on our assets and may give us a cornerstone shareholder with deeper pockets.

    Cheers Whisky
 
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